Market Overview:
Logistics Automation Market Size Was Valued at USD 59.92 Billion in 2022, and is Projected to Reach USD 126.59 Billion by 2030, Growing at a CAGR of 9.8 % From 2023-2030.
Logistics automation involves the integration of machinery, control systems, and software to improve the efficiency of logistic processes. Logistics automation offers improved efficiency, control, and organization for procurement, production, inventory management, distribution, customer service, and recovery. Logistics automation systems comprise a variety of automated storage and transportation systems such as automatic guided vehicles, robotic arms, autonomous mobile robots, automated storage & retrieval systems (AS/RS), warehouse management software, and transportation management software. Logistics automation provides several benefits such as real-time access to loading & data analysis, organizational control, improved customer service, and scalability & speed.
Top Key Players Covered In The Logistics Automation Market:
- SAP SE
- Oracle
- Honeywell International Inc.
- Daifuku Co., Ltd.
- Dematic
- ek robotics GmbH
- Hardis Group
- Falcon Autotech
- Grey Orange Pte. Ltd.
- Toshiba Corporation, and Other Major Players
Market Dynamics and Factors:
Increasing demand for efficient and streamlined logistics operations, coupled with the rising adoption of automation technologies to enhance warehouse management, order fulfillment, and supply chain processes, is a significant driver. Additionally, the growing need to handle the complexities of global trade and e-commerce logistics is fueling the demand for automation solutions. Technological advancements such as the integration of robotics, artificial intelligence, machine learning, and Internet of Things (IoT) into logistics systems are further propelling market growth, enabling companies to achieve higher productivity, accuracy, and cost-efficiency in their operations.
The pandemic has accelerated the pace of automation adoption in logistics as businesses seek to mitigate supply chain disruptions and adapt to changing consumer demands. The pandemic highlighted the importance of resilient and flexible logistics networks, driving companies to invest in automation solutions for better inventory management, order processing, and last-mile delivery. As a result, the logistics automation market is expected to continue its upward trajectory, with companies across various industries increasingly embracing automation to stay competitive in the rapidly evolving global market landscape.
The Logistics Automation Market Report Highlight:
- By Component, the software segment emerges as a dominant force due to its pivotal role in orchestrating and optimizing various aspects of logistics operations. Logistics software solutions facilitate the management of complex supply chains, offering functionalities such as inventory tracking, order processing, route optimization, and real-time visibility.
- By Application, The Warehouse and Storage Management segment stands out as a dominant force in the global logistics automation market due to its critical role in optimizing inventory handling, storage, and fulfilment processes. With the rapid expansion of e-commerce and the increasing complexity of supply chains, efficient warehouse management has become paramount for businesses seeking to meet customer demands while minimizing costs and maximizing productivity.
- By Region, North America holds the distinction of being the largest market for logistics automation primarily due to the exponential growth of e-commerce and the widespread adoption of advanced technologies in the region. With a highly developed infrastructure and a tech-savvy consumer base, North American businesses are increasingly investing in automation solutions to meet the escalating demands of online shopping while ensuring swift and efficient order fulfillment.
Key Industry Development:
- In March 2023, the most recent automation technologies were provided by Dematic for the new KION logistics facility. The KION Group will probably use the facility to send replacement parts all over Europe. The goal is to increase the effectiveness of customer deliveries. A highly dynamic Dematic Multishuttle with 110,000 storage locations and 150 shuttles will be used by Dematic for automatic storage and retrieval.
- In November 2023, the robotic CarryPickmobile system for storing and retrieving goods for people was unveiled by Swisslog. A significantly faster working speed is provided by the new, upgraded CarryPickmobile robotic platform. The mobile robots also make use of a ground-breaking lifting turntable that enables them to rotate a rack or hold the rack still while it rotates, allowing for quicker and more flexible storage and selection processes for goods-to-person solutions.
- In December 2023, to gain better access to the US warehousing and automation market, Jungheinrich purchased the Indiana-based Storage Solutions group (Storage Solutions), a market leader in racking and warehouse automation solutions.
The Logistics Automation Market Segmentation:
By Component
- Hardware
- Software
- Services
By Application
- Warehouse and Storage Management
- Transportation Management
By Organization Size
- Small and Medium Enterprises (SMEs)
- Large Enterprises
By End-Use Industry
- Manufacturing
- Healthcare and Pharmaceuticals
- Fast-Moving Consumer Goods (FMCG)
- Retail and E-commerce
- Automotive
For this report, Introspective Market Research has segmented the Logistics Automation Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany
- UK
- France
- Netherlands
- Italy
- Spain
- Rest of Western Europe
Asia Pacific
- China
- India
- Japan
- Singapore
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
- Turkey
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
- Brazil
- Argentina
- Rest of SA
